Report outlines reliance on transfers from restricted funds to support core spending, recommends additional oversight over utilities and payroll
JEFFERSON CITY, MO (STL.News) – Missouri State Auditor Nicole Galloway today released a citizen-requested audit of the Village of Ferrelview (pop. 373), located in Platte County. The report detailed significant financial concerns, failure to complete long-range planning in critical areas of need, and lack of oversight over village operations.
“The financial condition of the Village of Ferrelview is concerning, and my report points to several changes that must be made by the Board of Trustees to get back on track,” Auditor Galloway said.